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This informative guide explores the vibrant beef cattle production sector, detailing statistics on consumption, exports, and market trends. From the staggering 7.1 billion beef servings in U.S. restaurants to the $200 spent per person on beef annually, it highlights the dynamics shaping the industry. Learn about the average beef consumption per person, shifting trends towards poultry, and the significance of cattle by-products. This overview emphasizes the economic impact and current challenges facing cattle production today.
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Cattle Production From foukeffa.org Written by Matt Bierds Ag Student Texas A&M GA Ag Ed Curriculum Office To accompany the Georgia Agriculture Education Curriculum Lesson 02421-2.3 July 2001
Fun Facts • 7.1 Billion beef servings in restaurants. • 10 % increase since 1990 • 5.5 Billion burgers sold in restaurants in 1998 • 361 Million steaks served in restaurants
Fun Facts (cont.) • Beef exports increased ~10% in 1999. • Beef is consumed 77.3 Million times each day across America.
Beef Consumption • Each person consumes ~68 pounds of beef per year. • Slight decrease from the past. Why? • Total meat • ~220 pounds consumed per year. • Slight increase. How can this be explained?
Who’s Hungry • 26 Million pounds of beef sold in 2000. • 54.8 Billion dollars of beef consumed. • Constant and steady rise. • Total cows- 98 Million • Decreasing in numbers. Why?
Expenditures • $200 spent per year for beef products. • Decrease in percent of money spent on meat products. • Increase in poultry and pork.
Average prices • Costs $2.60 per pound of beef • Fluctuates higher and lower • Why do you think this happens?
Exports vs. Imports • Export- 4.44 Billion • Import- 3.20 Billion • Surplus- helps the economy. • Where do we export to?
Cattle By-products • 82 Dollars of value per 1000 pound steer. • What makes up this most of this? • Hide @ 60% of the total value.
Conclusion • Beef cattle is a huge enterprise in our economy. • Small farms are an icon of the past. • Consumption versus Production.